Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    447 Broadway 201 Taunton, MA 02780

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $450 /Mo

    Private office space in a high-traffic location.

    Lot size:
    0.66 Acres

    Property Features for 447 Broadway 201

    General Information

    Lot size
    0.66 Acres

    Building Details

    Year built
    1975

    We can help!

    Listing Contact
    Matos Home Team
    Source: Elliman

    Listing Agent: Matos Home Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Professional Office Space Available

    This second-floor private office space, approximately 100 square feet, is suitable for a small business or various professional services. The office features a window for natural light. Heat, central air, electric, and Wi-Fi are included. The property is located on Route 138 Broadway in the Taunton/Raynham area, less than 5 minutes from 495 and Route 24. The location benefits from a high traffic count of over 25,000 cars per day. Current professional tenants in the building include RE/MAX Real Estate Center, Elevate Spa, Bab's Tax Service, and Bell Trust Insurance.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Taunton
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1289
    Latitude
    41.9112

    Nearby Similar for Lease

    • $5,000 /Mo
      3,100 SF

      Turnkey Restaurant Space in Taunton

      Turnkey restaurant space in high-visibility Taunton location, ready for immediate occupancy.
      15 School St, Taunton, MA 02780
      View Details
    • Contact for pricing
      9,960 SF

      Adaptable Commercial Building For Lease

      Freestanding 9,960 SF commercial building with industrial charm.
      144 W Britannia St, Taunton, MA 02780
      View Details
    • $2,875 /Mo
      2,300 SF

      Move-in Ready Taunton Office Space

      Professional commercial unit with flexible layout and convenient location.
      437 Bay St, Taunton, MA 02780
      View Details
    • Contact for pricing
      285,000 SF

      New Industrial Campus in Taunton

      New industrial campus offering flexible space in Taunton, MA.
      Dever Dr, Taunton, MA
      View Details
    • Contact for pricing
      33,968 SF

      Taunton Flex / Industrial Building

      33,968 SF flex/industrial building for lease in Taunton, MA.
      10 Mozzone Blvd, Taunton, MA 02780
      View Details
    • Contact for pricing
      1,763 SF

      Former Salon Space For Lease

      1,763 SF former salon space available for lease.
      239 Broadway, Taunton, MA 02780
      View Details
    • Contact for pricing
      24,279 SF

      Taunton Warehouse Space Available

      Versatile Flex Space, 14,208+ SF
      535 John Hancock Rd, Taunton, MA 02780
      View Details
    • $15 SF/Yr
      33,420 SF

      Taunton Office Suites - Myles Standish

      Modern Class A office space, flexible suites.
      0 Industrial Park Rd, Taunton, MA 02780
      View Details
    • $725 /Mo

      Taunton Office/Retail Space for Rent

      Professionally managed office/retail space in Taunton's central business district.
      31 School St, Taunton, MA 02780
      View Details
    • Contact for pricing
      13,289 SF

      Taunton Retail Building For Lease

      Prime Taunton retail space, 13,289 sq ft.
      175 Dean St, Taunton, MA 02780
      View Details
    • $5,000 /Mo

      Commercial Unit with River Views

      3,900 sq ft commercial unit with office spaces.
      120 Ingell St B, Taunton, MA 02780
      View Details
    • Contact for pricing
      7,200 SF

      Taunton Warehouse with Mezzanine Office

      Warehouse with mezzanine office space available for lease in Taunton.
      300 Myles Standish Blvd, Taunton, MA 02780
      View Details

    FAQs

    What type of property is this?
    Office space - Private office space in a high-traffic location.
    Where is this office space located?
    The property is located at 447 Broadway 201 Taunton, MA.
    What are key features of this property?
    This property features: - Premium location on Rte. 138 Broadway with high traffic count (25,000+ cars per day).; - Less than 5 minutes from 495 and Rte 24.; - Heat, central air, electric, and Wi-Fi included.
    (774) 222-6695
    Request Owner's contact information
    447 Broadway 201 Taunton, MA 02780
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    447 Broadway 201
    Taunton, MA 02780
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    447 Broadway 201 Taunton, MA 02780
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matos Home Team
    (774) 222-6695
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.